Meadowlands Casino Debated at East Coast Gaming Congress
The Meadowlands Sports Complex has long drawn fans from New York, and some lawmakers hope a casino here could perform some same. (Image: Wikimedia Commons)
Since New Jersey first legalized casino gambling in 1976, it’s been recognized that casinos were only meant for Atlantic City in the Garden State. That made sense, at least at that time: the resort town had dropped out of favor with tourists, and gambling was regarded as a method to bring cash back to the economy that is local. But with increasing competition from Pennsylvania plus the specter of New York casinos on the horizon, some in their state now want to create a casino in a location that could directly take on venues in neighboring states.
The concept of putting a casino within the Meadowlands located simply outside of New York City was floated week that is again last the East Coast Gaming Congress in Atlantic City, attracting support also concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 per cent, we could do a billion dollars in that location,’ said Assemblyman Ralph Caputo, a Democrat. ‘we have to be fighting for those clients. That is exactly what Pennsylvania is doing. That’s just what nyc wants to do.’
Beating New York to industry
Caputo’s idea is get a casino built within the Meadowlands before one is created in New York City. While the state of New York has started the licensing process for commercial cas […]
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